business line comfort & insulation - corporate.evonik.com and... · february 2016 • global...

21
February 2016 Business Line Comfort & Insulation Evonik Nutrition & Care Segment

Upload: hoanglien

Post on 21-Aug-2018

215 views

Category:

Documents


0 download

TRANSCRIPT

February 2016

Business Line

Comfort & Insulation

Evonik

Nutrition & Care Segment

Page 2

Evonik Group

22 Business Lines grouped in 3 segments

2015 financials; Business Lines ranked by turnover

Nutrition &

Care

Resource

Efficiency

Performance

Materials

Sales

€4,924 m

Adj. EBITDA / Margin

€1,435 m / 29.1%

Sales

€4,279 m

Adj. EBITDA / Margin

€896 m / 20.9%

Sales

€3,435 m

Adj. EBITDA / Margin

€309 m / 9.0%

Animal Nutrition

Baby Care

Health Care

Personal Care

Household Care

Comfort & Insulation

Interface & Performance

Silica

Crosslinkers

Oil Additives

Coating & Adhesive Resins

High Performance Polymers

Active Oxygens

Silanes

Coating Additives

Catalysts

Performance Intermediates

Acrylic Polymers

Acrylic Monomers

Functional Solutions

Agrochemicals & Polymer Additives

CyPlus Technologies

February 2016

Table of contents

1 Comfort & Insulation at a glance

2 Main applications & technology basis

3 Summary

February 2016 Page 3

BL Comfort & Insulation is the prime partner for

Polyurethane (PU) foam additives

Customers (exemplary)

February 2016

• Global strategic partner of key customers with production in all major regions

• Differentiation by quality, product development, application technology and superior logistics

Business Model

PU Foam end markets

RIGID FOAMFLEXIBLE FOAM

Construction

Appliance

Furniture &

Bedding

Automotive

Seating

Others

Page 4

PU Raw Materials

Polyurethane Foam raw materials

Additives with small volumes but decisive impact

February 2016

Polyols

PU Foam Additives

Flame Retardants

Blowing Agents

Isocyanates

Page 5

Additives

Silicone Surfactants - Foam stabilizer during foam rise,

- Optimize final foam properties

Release Agents - Processing aid to ensure proper

release in industrial processes

(e.g. demoulding)

Catalysts - Catalyze and control basic

chemical reactions

Others - Anti oxidants

- UV stabilizers

- Colorants, …

Function

Re

taile

r / Co

nsu

me

r

Chemicals Formulation Foamers OEMs1)

Furniture & Bedding / Housing Insulation – self-formulating

& integrated into OEM

Automotive / White goods – integrated into OEM

Automotive – not integrated

Source: BL OU, CS-CO-NBD, annual reports1) Direct sales to consumers

Furniture & Bedding – self-formulating, not integrated

Raw materials System Houses

Supply chain for Polyurethane Foams

car

manufacturer

furniture

manufacturer

Silicone raws

February 2016

Comfort & Insulation is operating within a

complex value chain

Page 6

Catalysts, release agents &

other additives

Silicone based surfactants

Top

#1Supplier for

polyurethane foam

additives worldwide

>15%of sales is generated by

products younger than 5 years

>1,500direct customers worldwide

>600tailor-made products

for broad spectrum

of applications in

diversified end

markets

Business Line at a glance

Leading supplier for polyurethane foam additives

worldwide

February 2016

Deliveries to more than

120countries worldwide

Page 7

Singapore

ShanghaiHopewell

Americana

Essen (HQ)

Customer

Service

Technical

Service

Training

CenterProduction

Product

Develop-

ment

R&D

Essen

Hopewell

Shanghai

Singapore

Americana

February 2016

Global production & service footprint

Page 8

Project SiGNAL, China

Shanghai Project Informationi

• Products Silicone specialties

• Capacity double our existing local

capacity

• Start-up 2017

• Integrated „Verbund“ plant for

organomodified silicone specialties serving

Asia Pacific

• Markets: Appliances, home, construction,

automotive, paints & coatings, agro, textile

& industrial applications

• Products for Comfort & Insulation,

Interface & Performance, Coating Additives

February 2016 Page 9

Cold Chain Development

Building Insulation

Rising

income

middleclass

Energy

Efficiency

Environmental Regulation

Automotive Lightweight

Key market trends

Growth drivers of our markets and applications

Additives market growth:

~ 5% p.a.

Improvement of living standards

Page 10February 2016

Table of contents

1 Comfort & Insulation at a glance

2 Main applications & technology basis

3 Summary

Page 11February 2016

Market trends drive growth in major applications

ApplianceCold Chain

Development

AutomotiveAutomotive Lightweight

Building Insulation Construction

Market trend End Market Key application functionalities Product range

Lower energy consumption due to excellent

cell nucleation, emulsification and surface

appearance

Comfort, protection, durability, energy

conservation, reduce fogging and meet VOC

requirements

Energy efficiency management through

maximum insulation efficiency, dimensional

stability, uniform density, and fine cell structure

Silicone Surfactants

TEGOSTAB®

Catalysts

KOSMOS®

TEGOAMIN®

Release Agents

GORAPUR®

Other Additives

TEGOCOLOR®

ORTEGOL®Improvement of living standards

Furniture &

Bedding

Provide comfort by example regulation

temperature and ergonomic demands. Forster the

concepts of well being and safety for demanding

sleepers.

February 2016 Page 12

Strong technology base

Capable to produce unique and individual products

at attractive economies of scale

Interface &

Performance

Personal

Care

Silane & Siloxane

Precursors

Epoxides

Reactive

Siloxanes

Polyethers

Organo-modified

Siloxanes

Formulations &

Application Technology

Comfort &

Insulation

Production Platform

R&D Platform Logistic Platform

Solution-to-Customer Business System

(Nutrition & Care)

Coating

Additives

(Nutrition & Care)

Comfort & Insulation embedded in Evonik’s ORGANO SILICONE

PLATFORM that feeds four Evonik business lines:

(Resource Efficiency)

February 2016 Page 13

Quantities being required to produce 1 m3 of flexible foam with a density of 24 kg/m3

Polyol

Isocyanate

(TDI)

Water

16.4 kg 8.3 kg 0.66 kg

Surfactant Catalysts

0.16 kg 0.066 kg

Typical Flexible PU Foam Formulation

February 2016

PU foam additives

Page 14

VideoWhy a silicone surfactant is essential for flexible

polyurethane foam

February 2016

Surfactants are essential for:

• Emulsification of raw

materials

• Nucleation Support

• Stabilization

Page 15

Example Flexible foam:

High quality mattresses

Major product advantagesIt`s all about well-being & quality

February 2016

• help to reduce of VOC emissions

• ensure broad range of production

techniques and product densities

• provide ideal cellular structure

that allows good ventilation and

heat transfer

• support highest resilience,

durability, strength and comfort

for end products

Over the course of a lifetime, the average person

spends around 200,000 hours on mattresses, sofas,

and chairs.

Our products:

Page 16

Best Process (density reduction)

Den

sity [g

/l]

Past Present

Best Surface (void reduction)

Best Lambda (optimized cell structure)

PU foam

Gasket

Compressor

Example Rigid foam:

Energy-efficient refrigerator

EffectsEnergy saving components

February 2016

Because of the introduction of polyurethanes into refrigerators, models designated

A++ today are 60% more efficient than refrigerators 15 years ago

Page 17

TEGOSTAB ®Surfactant bSurfactant a

Example Rigid foam:

Energy-efficient refrigerator

Surfactants make up about 1%

of the entire system

TEGOSTAB ®

Surfactant a

February 2016

TEGOSTAB ®

Surfactant a

• are helping today‘s formulators to

design tomorrow‘s appliances

• are a small but powerful tool to

improve energy efficiency

• optimize foam processing and

final foam insulation properties

for our customers

• reduce foam cell size and foam

defects

• improve foam flowability

Our products:

Major product advantages

Page 18

Table of contents

1 Comfort & Insulation at a glance

2 Main applications & technology basis

3 Summary

February 2016 Page 19

Summary: Comfort & Insulation has set the course

to continue as successful prime partner for PU foam

additives

• Leading global position with broad and attractive

portfolio of solutions with high value for end

customers

• Close strategic customer relations and innovation

partnerships

• Tailor-made solutions based on deep understanding

of customers’ needs

• Strong growth opportunities by addressing current

trends in the polyurethane foam industry

February 2016 Page 20